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Jackson Financial JXN Closed Block Life — Reserves for future policy benefits

Other product segments

Closed Block Annuity
$3.53B-7.2%
Payout Annuities
$1.16B+2.8%

Similar metrics at other companies

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UNMClosed Block — Reserves for Future Policy Contract Benefits
$25.09B+4.2%
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UNMClosed Block — Total liability for future policy benefits
$24.52B+1.9%
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UNMClosed Block — Net liability for future policy benefits
$23.1B+2.3%
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UNMClosed Block — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
$30.47B+0.9%
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UNMClosed Block — Future Policy Benefits
$24.52B+1.9%
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UNMClosed Block — Net liability for future policy benefits, after reinsurance recoverable
$14.97B-13.8%

Other financials

Income statement

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Revenue$2.9B-22.6%
Operating income$760.8M
Net income-$424.0M-1,667%
EPS (diluted)-$6.24-1,200%

Balance sheet

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Cash & equivalents$5.5B+42.5%
Total debt$2.7B+31.8%
Total equity$9.5B-7.8%
Total assets$339.54B+3.8%

Cash flow

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Operating cash flow$1.0B-34.4%

Valuation

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Market cap$7.45B+22.3%
Enterprise value$4.59B+8.2%
P/S1.3×+0.4×

Profitability

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Net margin11.7%

Returns & leverage

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Return on equity5.5%
Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Jackson Financial in its filing.

Tagged under the XBRL concept jxn:LiabilityForFuturePolicyBenefitBeforeReinsuranceReserve.

The official record: Jackson Financial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Jackson Financial's closed block life — reserves for future policy benefits?
Jackson Financial (JXN) reported closed block life — reserves for future policy benefits of $3.46B in Q1 2026.
How has Jackson Financial's closed block life — reserves for future policy benefits changed year-over-year?
Jackson Financial's closed block life — reserves for future policy benefits decreased by 2.7% year-over-year, from $3.56B to $3.46B.
What is the long-term trend for Jackson Financial's closed block life — reserves for future policy benefits?
Over 2 years (2023 to 2025), Jackson Financial's closed block life — reserves for future policy benefits has grown at a -6.0% compound annual growth rate (CAGR), from $16.04B to $14.17B.
What does closed block life — reserves for future policy benefits mean?
This represents the total actuarial liability established to cover future obligations for life insurance policies within a closed block of business. It reflects the present value of expected future benefit payments minus the present value of expected future net premiums. This metric is critical for assessing the long-term solvency and capital adequacy of legacy insurance portfolios.